I'm pretty shocked by this:
www.mgoblue.com/.../article.aspx
Remember the discussion about Marsh leaving Auburn and whether or not it was a step down? Well, now we have another top coach leaving the NCAA ranks.
I'll admit I don't know the "pool" or the "club" business, but from the looks of these numbers, Bowman won’t out-earn the traders at Bear Stearns.
with 1,000 swimmers paying $100 per month you have $100,000 of revnue per month.
With 1,000 swimmers, he’ll need an assistant or two on the payroll. He'll need some administrative help (it’ll take at least two to tangle with 12,000 invoices a year). Won't he have to divert some cash flows into the pool for rent, and into the benefits and retirement pools too? This may beat government work in Ann Arbor, but not by much according to the back of this envelop ... I’ll bet most coaches coach because they can.
I'll admit I don't know the "pool" or the "club" business, but from the looks of these numbers, Bowman won’t out-earn the traders at Bear Stearns.
with 1,000 swimmers paying $100 per month you have $100,000 of revnue per month.
With 1,000 swimmers, he’ll need an assistant or two on the payroll. He'll need some administrative help (it’ll take at least two to tangle with 12,000 invoices a year). Won't he have to divert some cash flows into the pool for rent, and into the benefits and retirement pools too? This may beat government work in Ann Arbor, but not by much according to the back of this envelop ... I’ll bet most coaches coach because they can.
